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Our Bureau

Mumbai, March 28

Banks borrowed Rs 27,395 crore from the RBI through the repo window even as call closed lower at 7-9 per cent on Wednesday against Monday's ending at 13-15 per cent.

In the first one-day repo auction, RBI received and accepted thirty-three bids for Rs 26,725 crore. In the second one-day repo auction, RBI received and accepted three bids for Rs 670 crore. In the second reverse repo auction (there was no reverse repo auction in the morning), the central bank received eleven bids for Rs 3,215 crore while accepting Rs 1,000 crore. The CBLO market saw 397 trades aggregating Rs 18,064.70 crore in the 2 per cent-20 per cent range.

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